Funding you earn now, next payment 23:00 UTC−0.0322%/8h= −35.3% APRpaid last 24h −0.069%
Price spread now: Binance against Hyperliquid−0.070%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$720.716% of the position
Funding, last 7 days−0.478%−$48 on $10k
+Price spread, last 7 days−0.073%−$7 · spread now −0.070%, 7d avg −0.075%
=Together, before fees−0.552%+ Points / potential airdropHyperliquid: Season 2 · farm board−$55 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.075%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid HEMI | 0.006447 | 0.0422 | pay 0.0053% / 1h | 30m 31s | $999K | $281K | 3x |
| Short | Binance HEMIUSDT | 0.006443 | 0.0100 | get 0.0050% / 4h | 1h 30m | $6.3M | $10.2M | 20x |
Hyperliquid HEMI
Binance HEMIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Hyperliquid. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$67.68
- Price spread: −0.070% → −0.075%
- $0.5
- Slippage, 4 orders
- −$52.6
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$138.78
- Costs to cover
- 0.716%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; Binance: live order book, 9 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hyperliquid live order book, 10 min ago | 1.55 bp | 19.4 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.78 bp | 16.6 bp −$17 | 66.6 bp −$666 | doesn't fit | doesn't fit |
HEMI on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin HEMI-USDT | +0.0090% | 4h | 0.006444 | −0.047% | $347K | $65K | 20x | as long as short |
| Aster HEMIUSDT | +0.0100% | 4h | 0.006432 | −0.232% | $74K | $31K | 5x | as long as short |
| Binance HEMIUSDTshort | +0.0100% | 4h | 0.006443 | −0.070% | $6.3M | $10.2M | 20x | |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006420 | −0.419% | $1.7M | $1.4M | 25x | as long as short |
| Gate HEMI_USDT | +0.0100% | 4h | 0.006440 | −0.109% | $492K | $230K | 20x | as long as short |
| MEXC HEMI_USDT | +0.0100% | 4h | 0.006442 | −0.078% | $1.7M | $281K | 50x | as long as short |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006437 | −0.155% | $764K | $1.6M | 20x | as long as short |
| BingX HEMI-USDT | +0.0100% | 4h | 0.006441 | −0.093% | — | $1.3M | — | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006436 | −0.174% | $23K | $4K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006588 | +2.187% | $1K | $1.1M | 20x | as long as short |
BloFin HEMI-USDT
Aster HEMIUSDT
Bybit HEMIUSDT
Gate HEMI_USDT
MEXC HEMI_USDT
KuCoin HEMIUSDTM
BingX HEMI-USDT
Variational Omni HEMI
SunX HEMI-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended HEMI-USD | +0.0104% | 1h | 0.006441 | −0.089% | $17K | $516 | 5x | as long as short |
| Hyperliquid HEMIlong | +0.0422% | 1h | 0.006447 | long leg | $999K | $281K | 3x |
Extended HEMI-USD